BE13-1 Coffey Corporation purchased debt investments for $52,000 on January 1, 2008. On
July 1, 2008, Coffey received cash interest of $2,340. Journalize the purchase and the receipt of
interest. Assume that no interest has been accrued.
BE13-1 Coffey Corporation purchased debt investments for $52,000 on January 1, 2008. On
Price: $1.99
BE13-1 Coffey Corporation purchased debt investments for $52,000 on January 1, 2008. On
July 1, 2008, Coffey received cash interest of $2,340. Journalize the purchase and the receipt of
interest. Assume that no interest has been accrued.
BE13-1 Coffey Corporation purchased debt investments for $52,000 on January 1, 2008. On
July 1, 2008, Coffey received cash interest of $2,340. Journalize the purchase and the receipt of
interest. Assume that no interest has been accrued.
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